H & M Hennes & Mauritz AB 2024 Annual Report with Sustainability Disclosures
Company: H & M Hennes & Mauritz AB
Sector: Wholesale & retail
Country: Sweden
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 87
The report describes H&M Group's 2024 sustainability and financial performance, including SBTi-approved targets to reduce absolute Scope 1, 2 and 3 emissions by 56 percent by 2030 and reach net zero by 2040. It reports 138,566 employees at 30 November 2024 and 89 percent of commercial-product materials as recycled or sustainably sourced. The report also documents continued circularity growth, with resell representing 0.6 percent of turnover, alongside detailed human-rights, climate, taxonomy and workforce disclosures.
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